Finance Act 2023

grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.

Government Bill

(HM Treasury)
What is this Bill?

The Finance Act 2023 was a Government Bill that became an Act of Parliament.

Is this Bill currently before Parliament?

No. This Bill was introduced on 22 November 2022 and became an Act of Parliament on 10 January 2023.

Whose idea is this Bill?

Government Bills implement the legislative agenda of the Government. This agenda, and the Bills that will implement it, are outlined in the Queen's Speech at the Session's State Opening of Parliament.

How can I find out exactly what this Bill does?

The most straightforward information is contained in the initial Explanatory Notes for the Bill.

Would you like to know more?

See these Glossary articles for more information: Act of Parliament, Government Bills, Process of a Bill

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Official Bill Page Initial Explanatory Notes Initial Briefing papers Ministerial Extracts from Debates All Bill Debates

This bill has received Royal Assent and has become an Act of Parliament

Bill Progession through Parliament

Commons Completed
Lords Completed
Royal Assent

Latest Key documents

Bill Debate
10/01/2023
Royal Assent
Bill
22/11/2022
Bill 197 2022-23 (as introduced)
Briefing paper
25/11/2022
Briefing paper on the Bill
Explanatory Note
22/11/2022
Bill 197 EN 2022-23

Timeline of Bill Documents and Stages

15th May 2023
Will write letters
Letter from Victoria Atkins MP to Esther McVey MP and Graham Stringer MP regarding proposed Government amendments, tabled ahead of the Public Bill Committee: estates in administration and trusts, corporate interest restriction, separated spouses and civil partners, carried interest, reform of HGV road user levy.
15th May 2023
Will write letters
Letter from Victoria Atkins MP to Esther McVey MP and Graham Stringer MP and others regarding clauses in the Bill which contain powers to make secondary legislation and details on each power being taken.
15th May 2023
Will write letters
Letter from Victoria Atkins MP to Kirsty Blackman MP regarding tax reliefs and research and development activities.
17th April 2023
Will write letters
Letter from Victoria Atkins MP to James Murray MP regarding proposed government amendments: Clause 10: Relief for Research and Development (amendment 14), Clause 121-264: Multinational Top-Up Tax (amendments 12-13, and 15-20).
10th January 2023
Royal Assent: Minutes of Proceedings (Lords)
10th January 2023
Royal Assent (Commons)
20th December 2022
3rd reading: Minutes of Proceedings (Lords)
20th December 2022
3rd readingLords Hansdard (Lords)
20th December 2022
Committee negatived: Minutes of Proceedings (Lords)
20th December 2022
Committee negatived (Lords)
20th December 2022
2nd reading: Minutes of Proceedings (Lords)
20th December 2022
2nd reading (Lords)
20th December 2022
Will write letters
Letter from Victoria Atkins MP to Matt Rodda MP regarding points raised during the Committee stage: the number of electric vehicles in the UK, assessing the impact of the introduction of Vehicle Excise Duty (VED) on electric vehicles.
1st December 2022
1st reading: Minutes of Proceedings (Lords)
1st December 2022
1st reading (Lords)
30th November 2022
3rd reading (Commons)
30th November 2022
Committee stage: Committee of the whole House (Commons)
30th November 2022
Amendment Paper
Committee of the whole House Amendments as at 30 November 2022
30th November 2022
Bill proceedings: Commons
Committee of the whole House Proceedings as at 30 November 2022
30th November 2022
Selection of amendments: Commons
Provisional grouping and selection by the Chairman of Ways and Means - 30 November 2022
29th November 2022
Amendment Paper
Notices of Amendments as at 29 November 2022
28th November 2022
2nd reading (Commons)
28th November 2022
Programme motion
28th November 2022
Amendment Paper
Notices of Amendments as at 28 November 2022
25th November 2022
Briefing papers
Briefing paper on the Bill
22nd November 2022
1st reading (Commons)
22nd November 2022
Bill
Bill 197 2022-23 (as introduced)
22nd November 2022
Explanatory Notes
Bill 197 EN 2022-23
18th November 2022
Bill
Resolutions to be moved by the Chancellor of the Exchequer - November 2022